Banco do Brasil sees defaults at Votorantim unit falling-CFO

SAO PAULO Thu Nov 8, 2012 7:41am EST

SAO PAULO Nov 8 (Reuters) - Banco do Brasil sees loan delinquencies at Banco Votorantim SA, in which it has a 49.99 percent stake, falling in the fourth quarter and undergoing a "strong decline" in 2013, Chief Financial Officer Ivan Monteiro said on Thursday.